Blockchain data firm Glassnode mentioned in a Tweet this morning that a milestone was recently passed for Bitcoin (BTC).
According to the post, the number of wallets holding Bitcoin for the market-leading cryptocurrency recently hit an all-time high (ATH) of 46,227,591.
Number of Wallets Holding Bitcoin Reached ATH
With the number of addresses holding cryptocurrencies for BTC reaching ATH, Bitcoin is up 1 percent in the last 24 hours, according to data from CoinGecko.
The price of Bitcoin, which is in the band of 28-29 thousand dollars, continues to squeeze investors. BTC was trading at $28,991 just below $29,000. This price action also turned the weekly performance of the leading cryptocurrency in the red with 0.7 percent.
Later this week, US Core Inflation data will be released along with Inflation Rate and PPI data. If the results are not positive, these macroeconomic data may affect the price drop in Bitcoin, which is in the risky assets group. On the other hand, if the data is better than expected or expected, it may play an important role in the rise of the price.
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